Transaction Monitoring Specialist

  • EMS | European Merchant Services
  • Amsterdam, Netherlands
  • 27/09/2022
Full time Forex Fintech

Job Description

For our Risk Monitoring Team we are looking for a determined and accurate Transaction Monitoring Specialist (medior level). In this role you will monitor and investigate suspicious financial activity.

Would you like to work for a dynamic, fast-growing, international company in the Fintech industry? Are you eager to learn, curious and not afraid to ask tough questions? We have a challenging position available at European Merchant Services!

Our ideal candidate has a strong feeling for justice and a strong will to do the right thing and act on an integer basis.

What this job is all about!

You will be part of a growing 1st line of defense Risk Monitoring Team currently consisting of seven experienced and driven colleagues working closely together. The team itself is part of the larger Risk & Compliance organization. The core responsibility of the team is to ensure full compliance with all regulatory rules and laws, adhere to scheme compliance and prevent financial losses from fraud. The role reports to the Manager Monitoring and you will work in close contact with Compliance, Credit Risk, KYC, Finance and Sales teams.

Getting the right things done

  • Review alerts and conduct investigations for possible Money Laundering, Terrorism Financing or Corruption;
  • Perform 4 eyes checks on alerts handled by other team members;
  • Monitor merchant transactions and patterns to detect changes and/or deviations in merchant activity;
  • Recommend and initiate appropriate follow up actions based on the outcome of the investigation (e.g. FIU reporting, request event driven reviews, initiate exit procedures);
  • Ensure adequate and timely reporting to the 1st line Risk department (KYC) and the 2nd line Compliance department;
  • Assess and respond to requests from stakeholders (e.g. Compliance, FIU, Police);
  • Draft reports regarding AML/Transaction Monitoring related topics to create awareness within EMS;
  • Assist in the periodic review of business rules with the objective to further enhance the effectiveness of the transaction monitoring system;
  • Create new and enhance existing risk monitoring policies and procedures.

We would like you to have

  • A Bachelor's degree in Law, Business Administration, Economics or equivalent;
  • Knowledge of Dutch legislation such as Wft, Wwft, Sanctions law and able to analyze, interpret and explain how they could impact EMS’ activities;
  • Risk aware, disciplined and highly accurate;
  • Determined and result oriented;
  • Strong analytical skills, eager to learn and flexible;
  • A true team player; well able to work together and independently;
  • Excellent communication skills English. French or Dutch is considered a plus.

What we can offer you

  • Fast growing and financially healthy company;
  • Informal, professional environment;
  • International colleagues, customers and partners;
  • Educational and personal development opportunities;
  • Flexibility in working hours;
  • Excellent package of employment terms; including competitive salary, 13th month, incentive and pension plan;
  • Fun! A great work environment, summer and Christmas party, Friday drinks and more.

About EMS

EMS is a joint venture of innovative and solid shareholders Fiserv & ABN AMRO. With over twenty years of experience, EMS has developed from a transaction processor into a leading provider of Omnichannel payment solutions for businesses with both physical locations and web shops. EMS offers speed, security and transparency in payment solutions instore, online or via a mobile device.

Markets are changing constantly due to the speed of technological developments. EMS enables companies with the desired convenience in accepting payments using our expertise, products and services. Our daily primary effort is to fully support our customers in their business success!

Contact information

Would you like to apply or have more information about this vacancy? Please contact Daniëlla Mahazri (Talent Acquisition Manager) at dmahazri@emspay.eu.